If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAmara Mining Regulatory News (AMA)

  • There is currently no data for AMA

Sierra Leone update

14 Oct 2005 07:00

Cluff Gold PLC14 October 2005 14 October 2005 AIM: CLF CLUFF GOLD PLC Completion of Drill Programme at Baomahun Gold Prospect, Sierra Leone Cluff Gold Plc ("Cluff Gold" or "the Company") today announces the completion ofits first drilling programme at the Baomahun Gold Prospect ("Baomahun") inSierra Leone. Highlights: • 27 drillholes were completed for a total of 4600m over less than a quarter strike extent of the 3.4 kilometre gold anomaly corridor • Significant high gold values in drill hole intersections • Assay results confirm mineralisation remains open in all directions from the Central and Western Zones • Completion of a ground geophysical survey has identified anomalies interpreted to be buried sulphide mineralisation, coincident with other gold findings to date • Resource update currently being undertaken by SRK Consultants The drilling programme concentrated on three sub-parallel structures, theEastern, Central and Western Zones, which have been explored and trial mined inthe past. The combined strike extent of these structures covered by the recentdrilling constitutes less than 25% of the 3.4km known gold anomaly on theprospect. The programme completed 27 inclined holes for a total of 4600 metres. The holeswere programmed to confirm previous exploration drilling results and determineadditional possible strike extensions to known mineralisation. Ten, seven andten holes were completed on the Eastern, Central and Western Zones respectively. Assay results from the Eastern Zone were published on 22 June 2005. The company has received assay results from the other two zones and below is atable of some of the significant intersections. Hole ID Dip (degrees) Intercept From (m) DDH11 45 5m@0.90g/t 13 DDH12 45 4m@6.47g/t 144 Includes 1m@13.76g/t DDH13 45 9m@4.11g/t 139 and and 166.5 4m@4.97g/t DDH16 45 5m@1.12g/t 42 DDH17 45 7m@2.5g/t 76 Includes 1m@10.48g/t DDH21 45 22m@3.34g/t 101.3 DDH22 45 DDH23 45 8.6m@2.17g/t 140 Includes 1m@11.4g/t DDH25 45 32m@3.76g/t 162 Includes 13m@6.37g/t DDH26 45 14m@1.88g/t 60 DDH27 45 7.4m@2.66g/t and 109.6 and 131.3 18.10m@3.05g/t Includes 5.3m@8.37g/t The mineralisation remains open in all directions on both structures. TheCompany has currently expended over US$1m on the prospective Baomahun projectand will make a further announcement soon, upon the completion of the resourceupdate which is currently being undertaken by SRK Consultants. In addition, the Company has completed a ground geophysical survey of 12 linekilometres over a strike length of 2.4 kilometres using three different methods:SP (SELF Potential), VLF (Very Low Frequency) and magnetics. The identifiedanomalies, interpreted to be buried sulphide mineralisation, are coincident withboth the gold in soil anomalies and the high gold values in drill holeintersections. Geological core logging has shown that high gold mineralisationis associated with sulphide mineralisation, mostly pyrrhotite. Douglas Chikohora, Technical Director of Cluff Gold plc, comments, '"We arepleased with the assay results which have served to confirm the historical drilldata and extended strike and down dip extensions of the mineralised structureson the prospect. In particular, holes 25 and 27 demonstrate that the Centraland Western Zones are both wider and higher grade further to the north and atdepth. The results from the ground geophysics programme will be used togenerate additional drill targets along strike of the Eastern, Central andWestern Zones in the previously established 3.4 kilometre gold anomaly corridor. We believe, from recent airborne geophysical survey work, that the geology inthis corridor is similar to the areas recently tested by the drilling and areindicative of a large mineralised system.'' About Baomahun: Baomahun is located about 180 km east of the capital, Freetown, in the SouthernProvince of the country and the geological setting is similar to the LakeVictoria goldfields in Tanzania. Cluff has a right to earn a 60% interest inBaomahun by funding the project to the completion of a bankable feasibilitystudy or to a maximum of US$5 million. This right is to be acquired fromWinston Mines which owns the two exploration licences relating to Baomahun,covering an area of approximately 137 km(2). For further information, please contact: Cluff Gold Numis Securities Parkgreen CommunicationsJ.G. Cluff / Douglas Chikohora John Harrison Cathy Malins / Annabel LeatherChairman / Technical Director Tel: 020 7776 1500 Tel: 020 7493 3713Tel: 020 7340 9790 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
3rd Oct 20064:27 pmRNSHolding(s) in Company
22nd Sep 20061:24 pmRNSInterim Results - Amendment
22nd Sep 20067:01 amRNSInterim Results
22nd Sep 20067:01 amRNSAngovia Update
19th Sep 20065:10 pmRNSHolding(s) in Company
11th Sep 20067:01 amRNSBaomahun Resource Increase
17th Aug 20067:01 amRNSOperations Update
28th Jul 20067:01 amRNSBaomahun Update
26th Jul 20067:01 amRNSAngovia Update
23rd Jun 20067:00 amRNSAngovia Update
16th Jun 20067:00 amRNSBaomahun Update
18th May 200611:18 amRNSResult of AGM
18th May 20067:01 amRNSAGM Statement
2nd May 20064:55 pmRNSGrant of Options to Directors
25th Apr 20061:04 pmRNSHolding(s) in Company
21st Apr 20069:14 amRNSHolding(s) in Company
18th Apr 20065:43 pmRNSHolding(s) in Company
18th Apr 20065:43 pmRNSHolding(s) in Company
13th Apr 20065:05 pmRNSHolding(s) in Company
10th Apr 200610:40 amRNSResult of EGM
29th Mar 20063:39 pmRNSHolding(s) in Company
24th Mar 20067:01 amRNSPreliminary Results
14th Mar 20067:04 amRNSNew Equity Placing
27th Feb 20068:10 amRNSUpdate from Baomahun Project
18th Jan 20067:00 amRNSBaomahun Update
15th Dec 20052:26 pmRNSDirector/PDMR Shareholding
15th Dec 20052:22 pmRNSDirector/PDMR Shareholding
14th Dec 20057:01 amRNSAngovia Resource Update
13th Dec 20054:07 pmRNSPlacing
9th Dec 20054:45 pmRNSDirectors Dealing Correction
6th Dec 20054:51 pmRNSDirector/PDMR Shareholding
6th Dec 20054:01 pmRNSAdditional Listing
14th Nov 20057:01 amRNSDrilling Results from Angovia
8th Nov 20057:01 amRNSBaomahun Resource Doubles
14th Oct 20057:00 amRNSSierra Leone update
26th Sep 20057:01 amRNSInterim Results
13th Sep 20057:01 amRNSJV agreement signed in Mali
28th Jul 200512:06 pmRNSUpgrade of Angovia Resource
29th Jun 20057:00 amRNSUpdate on Kalsaka
23rd Jun 20051:37 pmRNSDirector Shareholding
22nd Jun 20057:00 amRNSUpdate on Baomahun Project
9th Jun 20057:00 amRNSUpdate on Angovia project
19th May 200512:06 pmRNSDirectorate Change
19th May 200512:04 pmRNSAGM Statement
17th May 20052:14 pmRNSHolding(s) in Company
30th Mar 20057:00 amRNSFinal Results
18th Mar 20054:11 pmRNSAdditional Listing
7th Mar 20057:00 amRNSCote D'Ivoire Update
23rd Feb 20057:00 amRNSSierra Leone Update
10th Jan 20057:00 amRNSOptions acquisition

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.